How to update Value List item
I've updated an item in a value list but the update is not reflected in record values. The field being used is a drop down, consisting of the value list. When I click this field on an existing record, I can see the new value as an option. But the record still uses the old value. If I select the value option, it will update the record. However, I don't want to go through every record and change them one by one. Is there a more efficient way to handle this?